I'm looking to buy monero using the Dollar Cost Averaging strategy where purchases are made for for relatively small amounts of fiat on a periodic schedule.

I'm a bit unfamiliar with the p2p approach but not opposed. I'm looking for minimal friction with the best rate. For an amazing rate I might jump through some hoops but nothing too extreme.

What exchange or service might be suitable for Dollar Cost Average purchasing? Currently I'm finding that the cost to acquire monero with fiat from the major exchanges gives a very poor exchange rate to the point where DCA becomes less and less attractive and requiring a single, larger purchase.

Of course, crypto and fiat are both volatile. Without resorting to extreme measures looking to get, generally, a good exchange rate with the capability to send the monero to cold storage.

If the hidden fees in the exchange rate are excessive that incentiveses large trades over small. Or, if the cost to transfer to cold storage is excessive that also would dis-incentivize smaller trades in favor of larger trades.

  • Monero now can be traded on Crypton exchange: crp.is/exchange/xmr_usdt The main its advantage is that it's decentralized, no KYC and is accessible from any part of the world. It means that no matter it's banned in your country - you can continue using it anonymously. Commented Jan 4, 2022 at 12:30
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    Seriously? How is this even possible? As far as I know, all exchanges have actually removed Monero. After the ban of this coin in most countries, having it in an exchange pair threatens the exchange with blocking.
    – Jack Brown
    Commented Jan 11, 2022 at 12:24
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    I've heard on the Reddit that buying Litecoin with fiat and then Monero with Litecoin is the way to go. I don't have a source that this is optimal, though. Commented Feb 8, 2022 at 3:01


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